Forum Discussion

BobsYourUncle's avatar
BobsYourUncle
Nomad
Oct 11, 2020

The price of new trucks is beyond comprehension!

It was 42 years ago today, seems so long ago, yet still a strong memory in my head, a milestone I reached in my humble beginnings into the home renovation industry building solariums and such. Yes,...
Tow Vehicles
Groover's avatar
Groover
Explorer II
Oct 13, 2020
4x4ord wrote:
Shiner I agree with you that land is often a good investment so I might borrow money to buy land but not to buy a truck.


The last time that I bought a truck I could have paid cash but I borrowed money at 2% and left that $50,000 of my own invested where it has been earning about 9%. So I saved 15-20 thousand by borrowing the money. Your results may vary.

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